The Snapchat owner is laying off around 16% of staff and withdrawn hundreds of open job roles.

Snap was up in premarket trading on Wednesday after announcing plans to lay off up to 16% of its global workforce in an effort to streamline operations.

Snap prevede di ridurre la propria forza lavoro del 16%, tagliando circa 1.000 posti. La riduzione, ha spiegato l'amministratore delegato Evan Spiegel, è necessaria per aumentare…

The Snapchat owner is laying off around 16% of staff and withdrawn hundreds of open job roles.

Snap Inc., the parent company of Snapchat, announced Wednesday that it's cutting up to 16% of its workforce and plans to use AI tools instead.